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Note 21 - Other Comprehensive Income
 12 Months Ended
Dec. 31, 2014
Disclosure Text Block [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

Note 21 – Other Comprehensive Income


The following table presents the components of other comprehensive income (loss) for the years ended December 31, 2014, 2013 and 2012.


(dollars in thousands)

 

Before Tax

   

Tax Effect

   

Net of Tax

 
                         

Year Ended December 31, 2014

                       

Net unrealized gain on securities available-for-sale

  $ 9,965     $ 3,986     $ 5,979  

Less: Reclassification adjustment for net gains included in net income

    (22 )     (9 )     (13 )

Other Comprehensive Income

  $ 9,943     $ 3,977     $ 5,966  
                         

Year Ended December 31, 2013

                       

Net unrealized loss on securities available-for-sale

  $ (14,622 )   $ (5,849 )   $ (8,773 )

Less: Reclassification adjustment for net gains included in net income

    (19 )     (8 )     (11 )

Other Comprehensive Loss

  $ (14,641 )   $ (5,857 )   $ (8,784 )
                         

Year Ended December 31, 2012

                       

Net unrealized gain on securities available-for-sale

  $ 1,673     $ 669     $ 1,004  

Less: Reclassification adjustment for net gains included in net income

    (690 )     (276 )     (414 )

Other Comprehensive Income

  $ 983     $ 393     $ 590  

The following table presents the changes in securities available for sale the only component of accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2014, 2013 and 2012.


(dollars in thousands)

 

Accumulated Other Comprehensive Income (Loss)

 
         

Year Ended December 31, 2014

       

Balance at Beginning of Period

  $ (3,319 )

Other comprehensive gain before reclassifications

    5,979  

Amounts reclassified from accumulated other comprehensive income

    (13 )

Net other comprehensive income during period

    5,966  

Balance at End of Period

  $ 2,647  
         

Year Ended December 31, 2013

       

Balance at Beginning of Period

  $ 5,465  

Other comprehensive (loss) before reclassifications

    (8,773 )

Amounts reclassified from accumulated other comprehensive income

    (11 )

Net other comprehensive (loss) during period

    (8,784 )

Balance at End of Period

  $ (3,319 )
         

Year Ended December 31, 2012

       

Balance at Beginning of Period

  $ 4,875  

Other comprehensive income before reclassifications

    1,004  

Amounts reclassified from accumulated other comprehensive income

    (414 )

Net other comprehensive income during period

    590  

Balance at End of Period

  $ 5,465  

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the years ended December 31, 2014, 2013 and 2012.


Details about Accumulated Other Comprehensive Income Components (dollars in thousands)

 

Amount Reclassified from Accumulated Other Comprehensive (Loss) Income

 

Affected Line Item in the Statement Where Net Income is Presented

   

Year Ended December 31,

   
   

2014

   

2013

   

2012

   

Realized gain on sale of investment securities

  $ 22     $ 19     $ 690  

Gain on sale of investment securities

      (9 )     (8 )     (276 )

Tax Expense

Total Reclassifications for the Period

  $ 13     $ 11     $ 414  

Net of Tax